Expanding local currency usage will offer businesses greater flexibility in payment options, lowering transaction costs and ...

A unit of China's state-owned Power Construction Corp of China (PowerChina) has sued Laos utility Electricite du Laos (EdL) in Singapore claiming $555 million in unpaid dues from a hydropower project, ...

VIENTIANE: Laos has successfully lifted 31,232 families out of poverty, reaching 89.23 per cent of its target for 2024.

The Lao kip, however, given its close link to the Thai baht, was particularly vulnerable to the exchange rate volatility that rocked the region. Between July 1997 and June 1998, the kip lost 70 ...

A Chinese state-owned company is suing the national power utility of Laos for $555 million in unpaid fees from a hydropower ...

KIP Protocol, a Web3 company that builds AI payment infrastructure, disclosed that it was involved in the Libertad project promoted by Argentine President Javier Milei on X, which featured the ...

Expanding local currency usage will offer businesses greater flexibility in payment options, lowering transaction costs and ...

allocating 500 million Lao kip (some 23,800 U.S. dollars) per district. Six villages have benefited from this expansion, achieving 42.86 percent of the target to support 14 villages in 2024.